Trading Economicshttp://www.tradingeconomics.com/RSS Feed60Dominican Republic Interest Ratehttp://www.tradingeconomics.com/dominican-republic/interest-rateThe Central Bank of Dominican Republic held its benchmark interest rate at 5.5 percent on November 30th. Interest Rate in Dominican Republic averaged 7.73 percent from 2004 until 2016, reaching an all time high of 50 percent in February of 2004 and a record low of 1 percent in January of 2004. In the Dominican Republic, interest rate decisions are taken by the Central Bank of Dominican Republic. The official interest rate is the Overnight Interest Rate. This page provides the latest reported value for - Dominican Republic Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Central Bank of Dominican RepublicTue, 06 Dec 2016 19:26:00 GMTDominican Republic Sales Tax Rate | Tax on the Transfer of Industrialized Goods and Serviceshttp://www.tradingeconomics.com/dominican-republic/sales-tax-rateThe Sales Tax Rate in Dominican Republic stands at 16 percent. Sales Tax Rate in Dominican Republic averaged 16.36 percent from 2006 until 2016, reaching an all time high of 18 percent in 2013 and a record low of 16 percent in 2007. Sales Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos. In Dominican Republic, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Dominican Republic. This page provides - Dominican Republic Sales Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Direccion General de Impuestos InternosSun, 04 Dec 2016 19:35:00 GMTDominican Republic Current Accounthttp://www.tradingeconomics.com/dominican-republic/current-accountDominican Republic recorded a Current Account surplus of 239.90 USD Million in the first quarter of 2016. Current Account in Dominican Republic averaged -432.87 USD Million from 1993 until 2016, reaching an all time high of 587 USD Million in the first quarter of 2004 and a record low of -1561.10 USD Million in the second quarter of 2008. Current Account in Dominican Republic is reported by the Central Bank of Dominican Republic. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Dominican Republic Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicFri, 02 Dec 2016 10:07:00 GMTDominican Republic Personal Income Tax Ratehttp://www.tradingeconomics.com/dominican-republic/personal-income-tax-rateThe Personal Income Tax Rate in Dominican Republic stands at 25 percent. Personal Income Tax Rate in Dominican Republic averaged 25.69 percent from 2004 until 2016, reaching an all time high of 30 percent in 2006 and a record low of 25 percent in 2005. Personal Income Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos. In Dominican Republic, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Dominican Republic. This page provides - Dominican Republic Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Direccion General de Impuestos InternosThu, 01 Dec 2016 22:27:00 GMTDominican Republic Corporate Tax Ratehttp://www.tradingeconomics.com/dominican-republic/corporate-tax-rateThe Corporate Tax Rate in Dominican Republic stands at 27 percent. Corporate Tax Rate in Dominican Republic averaged 26.20 percent from 1997 until 2016, reaching an all time high of 30 percent in 2006 and a record low of 25 percent in 1998. Corporate Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos. In Dominican Republic, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Dominican Republic. This page provides - Dominican Republic Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Direccion General de Impuestos InternosThu, 01 Dec 2016 19:27:00 GMTDominican Republic Food Inflationhttp://www.tradingeconomics.com/dominican-republic/food-inflationCost of food in Dominican Republic decreased 3.33 percent in October of 2016 over the same month in the previous year. Food Inflation in Dominican Republic averaged 10.14 percent from 2000 until 2016, reaching an all time high of 94.54 percent in March of 2004 and a record low of -9.87 percent in August of 2005. Food Inflation in Dominican Republic is reported by the Central Bank of Dominican Republic. . This page provides - Dominican Republic Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicTue, 29 Nov 2016 17:44:00 GMTDominican Republic Inflation Rate MoMhttp://www.tradingeconomics.com/dominican-republic/inflation-rate-momThe Consumer Price Index in Dominican Republic increased 0.30 percent in October of 2016 over the previous month. Inflation Rate Mom in Dominican Republic averaged 1.08 percent from 1984 until 2016, reaching an all time high of 11.54 percent in August of 1990 and a record low of -3.28 percent in November of 2008. Inflation Rate Mom in Dominican Republic is reported by the Central Bank of Dominican Republic. . This page provides - Dominican Republic Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicTue, 29 Nov 2016 17:44:00 GMTDominican Republic Remittanceshttp://www.tradingeconomics.com/dominican-republic/remittancesRemittances in Dominican Republic increased to 4960.60 USD Million in 2015 from 4571.30 USD Million in 2014. Remittances in Dominican Republic averaged 3015.93 USD Million from 2001 until 2015, reaching an all time high of 4960.60 USD Million in 2015 and a record low of 1807 USD Million in 2001. Remittances in Dominican Republic is reported by the Inter-American Development Bank. . This page provides - Dominican Republic Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Inter-American Development BankMon, 28 Nov 2016 22:29:00 GMTDominican Republic Consumer Price Index (CPI)http://www.tradingeconomics.com/dominican-republic/consumer-price-index-cpiConsumer Price Index CPI in Dominican Republic increased to 121.71 Index Points in October from 121.34 Index Points in September of 2016. Consumer Price Index CPI in Dominican Republic averaged 46.86 Index Points from 1982 until 2016, reaching an all time high of 121.71 Index Points in October of 2016 and a record low of 1.62 Index Points in January of 1982. Consumer Price Index CPI in Dominican Republic is reported by the Central Bank of Dominican Republic. In Dominican Rep., the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Dominican Republic Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.Central Bank of Dominican RepublicThu, 24 Nov 2016 22:22:00 GMTDominican Republic Terrorism Indexhttp://www.tradingeconomics.com/dominican-republic/terrorism-indexTerrorism Index in Dominican Republic decreased to 1.56 in 2015 from 2.58 in 2014. Terrorism Index in Dominican Republic averaged 0.38 from 2002 until 2015, reaching an all time high of 2.58 in 2014 and a record low of 0 in 2003. Terrorism Index in Dominican Republic is reported by the Institute for Economics and Peace. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).Institute for Economics and PeaceWed, 23 Nov 2016 18:22:00 GMTDominican Republic | Credit Ratinghttp://www.tradingeconomics.com/dominican-republic/ratingStandard & Poor's credit rating for Dominican Republic stands at BB- with stable outlook. Moody's credit rating for Dominican Republic was last set at B1 with positive outlook. Fitch's credit rating for Dominican Republic was last reported at BB- with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Dominican Republic thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Dominican Republic as reported by major credit rating agencies.Wed, 23 Nov 2016 06:41:00 GMTDominican Republic Cpi Transportationhttp://www.tradingeconomics.com/dominican-republic/cpi-transportationCpi Transportation in Dominican Republic increased to 116.08 Index Points in October from 114.48 Index Points in September of 2016. Cpi Transportation in Dominican Republic averaged 77.75 Index Points from 1999 until 2016, reaching an all time high of 126.63 Index Points in July of 2014 and a record low of 18.64 Index Points in February of 1999. Cpi Transportation in Dominican Republic is reported by the Central Bank of Dominican Republic. . This page provides - Dominican Republic Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicTue, 22 Nov 2016 21:22:00 GMTDominican Republic Gold Reserveshttp://www.tradingeconomics.com/dominican-republic/gold-reservesGold Reserves in Dominican Republic remained unchanged at 0.57 Tonnes in the third quarter of 2016 from 0.57 Tonnes in the second quarter of 2016. Gold Reserves in Dominican Republic averaged 0.56 Tonnes from 2000 until 2016, reaching an all time high of 0.57 Tonnes in the third quarter of 2015 and a record low of 0.56 Tonnes in the second quarter of 2000. Gold Reserves in Dominican Republic is reported by the World Gold Council. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Dominican Republic Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.World Gold CouncilTue, 22 Nov 2016 21:22:00 GMTDominican Republic Inflation Ratehttp://www.tradingeconomics.com/dominican-republic/inflation-cpiThe inflation rate in Dominican Republic slowed to 0.91 percent in October of 2016 from 1.35 percent in the previous month, reaching the lowest level since September 2015. Inflation Rate in Dominican Republic averaged 14.90 percent from 1984 until 2016, reaching an all time high of 82.49 percent in February of 1991 and a record low of -1.57 percent in September of 2009. Inflation Rate in Dominican Republic is reported by the Central Bank of Dominican Republic. In Dominican Republic, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (25.1 percent of total weight). Transport accounts for 18 percent; Housing and Utilities for 11.6 percent; Restaurants and Hotels for 8.5 percent; Miscellaneous Goods and Services for 7.5 percent and Furniture, Household Goods and Maintenance for 6.5 percent. Health; Clothing and Footwear; Recreation and Culture; Education; Communication and Alcoholic beverages and Tobacco account for the remaining 22.8 percent of total weight. This page provides - Dominican Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicMon, 21 Nov 2016 17:28:00 GMTDominican Republic Unemployment Ratehttp://www.tradingeconomics.com/dominican-republic/unemployment-rateUnemployment Rate in Dominican Republic remained unchanged at 14 percent in the second semester of 2015 from 14 percent in the first of 2015. Unemployment Rate in Dominican Republic averaged 15.40 percent from 2000 until 2015, reaching an all time high of 19.70 percent in September of 2004 and a record low of 13.90 percent in September of 2000. Unemployment Rate in Dominican Republic is reported by the Central Bank of Dominican Republic. In Dominican Republic, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Dominican Republic Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicMon, 21 Nov 2016 10:11:00 GMTDominican Republic Corruption Rankhttp://www.tradingeconomics.com/dominican-republic/corruption-rankDominican Republic is the 103 least corrupt nation out of 175 countries, according to the 2015 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Dominican Republic averaged 96.80 from 2001 until 2015, reaching an all time high of 129 in 2011 and a record low of 59 in 2002. Corruption Rank in Dominican Republic is reported by the Transparency International. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Dominican Republic Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.Transparency InternationalMon, 21 Nov 2016 10:11:00 GMTDominican Republic Corruption Indexhttp://www.tradingeconomics.com/dominican-republic/corruption-indexDominican Republic scored 33 points out of 100 on the 2015 Corruption Perceptions Index reported by Transparency International. Corruption Index in Dominican Republic averaged 30.53 Points from 2001 until 2015, reaching an all time high of 35 Points in 2002 and a record low of 26 Points in 2011. Corruption Index in Dominican Republic is reported by the Transparency International. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Dominican Republic Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.Transparency InternationalMon, 21 Nov 2016 10:11:00 GMTDominican Republic Competitiveness Rankhttp://www.tradingeconomics.com/dominican-republic/competitiveness-rankDominican Republic is the 92 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Dominican Republic averaged 99.45 from 2007 until 2017, reaching an all time high of 110 in 2012 and a record low of 92 in 2017. Competitiveness Rank in Dominican Republic is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Dominican Republic Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.World Economic ForumMon, 21 Nov 2016 10:11:00 GMTDominican Republic Employment Ratehttp://www.tradingeconomics.com/dominican-republic/employment-rateEmployment Rate in Dominican Republic increased to 50.40 percent in the second quarter of 2016 from 50.10 percent in the fourth quarter of 2015. Employment Rate in Dominican Republic averaged 47.23 percent from 2000 until 2016, reaching an all time high of 50.40 percent in the second quarter of 2016 and a record low of 45 percent in the second quarter of 2003. Employment Rate in Dominican Republic is reported by the Central Bank of Dominican Republic. In Dominican Republic, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Dominican Republic Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.Central Bank of Dominican RepublicMon, 21 Nov 2016 10:11:00 GMTEase of Doing Business in Dominican Republichttp://www.tradingeconomics.com/dominican-republic/ease-of-doing-businessEase of Doing Business in Dominican Republic remained unchanged at 103 in 2016 from 103 in 2015. Ease of Doing Business in Dominican Republic averaged 102.89 from 2008 until 2016, reaching an all time high of 117 in 2013 and a record low of 86 in 2009. Ease of Doing Business in Dominican Republic is reported by the World Bank. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Dominican Republic. World BankMon, 21 Nov 2016 10:11:00 GMTDeposit Interest Rate in Dominican Republichttp://www.tradingeconomics.com/dominican-republic/deposit-interest-rateDeposit Interest Rate in Dominican Republic decreased to 6.60 percent in 2015 from 6.73 percent in 2014. Deposit Interest Rate in Dominican Republic averaged 12.81 percent from 1991 until 2015, reaching an all time high of 21.12 percent in 2004 and a record low of 4.86 percent in 2010. Deposit Interest Rate in Dominican Republic is reported by the World Bank. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Dominican Republic. World BankMon, 21 Nov 2016 10:11:00 GMTDominican Republic GDP Growth Ratehttp://www.tradingeconomics.com/dominican-republic/gdp-growthThe Gross Domestic Product (GDP) in Dominican Republic contracted 1.67 percent in the first quarter of 2016 over the previous quarter. GDP Growth Rate in Dominican Republic averaged 1.32 percent from 1991 until 2016, reaching an all time high of 12.65 percent in the first quarter of 1992 and a record low of -8.84 percent in the third quarter of 1992. GDP Growth Rate in Dominican Republic is reported by the Central Bank of Dominican Republic. This page provides - Dominican Republic Gdp Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.Central Bank of Dominican RepublicMon, 21 Nov 2016 10:11:00 GMTDominican Republic GDP Constant Priceshttp://www.tradingeconomics.com/dominican-republic/gdp-constant-pricesGDP Constant Prices in Dominican Republic increased to 804373.30 DOP Millions in the fourth quarter of 2016 from 744484.60 DOP Millions in the third quarter of 2016. GDP Constant Prices in Dominican Republic averaged 549566.65 DOP Millions from 2007 until 2016, reaching an all time high of 804373.30 DOP Millions in the fourth quarter of 2016 and a record low of 350424.30 DOP Millions in the first quarter of 2007. GDP Constant Prices in Dominican Republic is reported by the Central Bank of Dominican Republic. . This page provides - Dominican Republic Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicMon, 21 Nov 2016 10:11:00 GMTDominican Republic Labor Force Participation Ratehttp://www.tradingeconomics.com/dominican-republic/labor-force-participation-rateLabor Force Participation Rate in Dominican Republic decreased to 65 percent in the first-half of 2016 from 65.40 percent in second-half of 2015. Labor Force Participation Rate in Dominican Republic averaged 63.90 percent from 2000 until 2016, reaching an all time high of 66.20 percent in 2004 and a record low of 61.20 percent in 2009. Labor Force Participation Rate in Dominican Republic is reported by the Central Bank of Dominican Republic. The labour force participation rate is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population. This page provides - Dominican Republic Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicMon, 21 Nov 2016 10:11:00 GMTDominican Republic Importshttp://www.tradingeconomics.com/dominican-republic/importsImports in Dominican Republic increased to 1457.20 USD Million in June from 1446 USD Million in May of 2016. Imports in Dominican Republic averaged 1017.68 USD Million from 1997 until 2016, reaching an all time high of 1687.60 USD Million in July of 2008 and a record low of 445.10 USD Million in February of 1997. Imports in Dominican Republic is reported by the Central American Monetary Council. The Dominican Republic mostly imports fuel, electrical equipment, natural gas, oil, iron and steel, corn, jewellery, electronic appliances and cotton. The Dominican Republic’s main imports partner is United Sates, Venezuela, China, Colombia, Mexico, Netherland Antilles, Trinidad & Tobago, Japan and Brazil. This page provides - Dominican Republic Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central American Monetary CouncilMon, 21 Nov 2016 10:10:00 GMTDominican Republic Government Debt to GDPhttp://www.tradingeconomics.com/dominican-republic/government-debt-to-gdpDominican Republic recorded a Government Debt to GDP of 45.61 percent of the country's Gross Domestic Product in 2015. Government Debt to GDP in Dominican Republic averaged 35.09 percent from 2000 until 2015, reaching an all time high of 46.15 percent in 2013 and a record low of 16.43 percent in 2000. Government Debt to GDP in Dominican Republic is reported by the Consejo Monetario Centroamericano. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Dominican Republic Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Consejo Monetario CentroamericanoMon, 21 Nov 2016 10:10:00 GMTDominican Republic Government Budgethttp://www.tradingeconomics.com/dominican-republic/government-budgetDominican Republic recorded a Government Budget surplus equal to 0.15 percent of the country's Gross Domestic Product in 2015. Government Budget in Dominican Republic averaged -1.27 percent of GDP from 1991 until 2015, reaching an all time high of 2.69 percent of GDP in 1991 and a record low of -6.67 percent of GDP in 2012. Government Budget in Dominican Republic is reported by the Central American Monetary Council. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Dominican Republic Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.Central American Monetary CouncilMon, 21 Nov 2016 10:10:00 GMTDominican Republic GDP per capita PPPhttp://www.tradingeconomics.com/dominican-republic/gdp-per-capita-pppThe Gross Domestic Product per capita in Dominican Republic was last recorded at 13374.91 US dollars in 2015, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Dominican Republic, when adjusted by Purchasing Power Parity is equivalent to 75 percent of the world's average. GDP per capita PPP in Dominican Republic averaged 8703.80 USD from 1990 until 2015, reaching an all time high of 13374.91 USD in 2015 and a record low of 5269.37 USD in 1991. GDP per capita PPP in Dominican Republic is reported by the World Bank. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Dominican Republic GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.World BankMon, 21 Nov 2016 10:10:00 GMTDominican Republic GDP per capitahttp://www.tradingeconomics.com/dominican-republic/gdp-per-capitaThe Gross Domestic Product per capita in Dominican Republic was last recorded at 6494.15 US dollars in 2015. The GDP per Capita in Dominican Republic is equivalent to 51 percent of the world's average. GDP per capita in Dominican Republic averaged 3046.28 USD from 1960 until 2015, reaching an all time high of 6494.15 USD in 2015 and a record low of 1207.45 USD in 1961. GDP per capita in Dominican Republic is reported by the World Bank. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Dominican Republic GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.World BankMon, 21 Nov 2016 10:10:00 GMTDominican Republic GDP Annual Growth Ratehttp://www.tradingeconomics.com/dominican-republic/gdp-growth-annualThe Gross Domestic Product (GDP) in Dominican Republic expanded 8.70 percent in the second quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Dominican Republic averaged 5.52 percent from 1992 until 2016, reaching an all time high of 14 percent in the second quarter of 1992 and a record low of -3.40 percent in the second quarter of 2003. GDP Annual Growth Rate in Dominican Republic is reported by the Central Bank of Dominican Republic. The Dominican Republic is one of the fastest growing economies in the Caribbean. The most important sector of the economy is services, specifically tourism, finance and telecommunications. Mining has also been growing in importance, and ferronickel and gold production is expected to continue increasing. The Dominican Republic is also dependent on remittances and on revenues from the free-trade zones. Yet, serious reforms are required in order to keep the current pace of growth. Taxes account for only 13 percent of GDP, education is underfunded and electricity consumption is heavily subsidized. Corruption and inefficient public spending are also a significant drain on public resources. In addition, a third of the population still lives in poverty and drug related crime has increased in recent years. This page provides - Dominican Republic GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central Bank of Dominican RepublicMon, 21 Nov 2016 10:10:00 GMTDominican Republic Populationhttp://www.tradingeconomics.com/dominican-republic/populationThe total population in Dominican Republic was estimated at 10.0 million people in 2015, according to the latest census figures. Looking back, in the year of 1960, Dominican Republic had a population of 3.3 million people. The population of Dominican Republic represents 0.15 percent of the world´s total population which arguably means that one person in every 693 people on the planet is a resident of Dominican Republic. This page provides - Dominican Republic Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.Oficina Nacional EstadísticaMon, 21 Nov 2016 10:10:00 GMTDominican Republic Balance of Tradehttp://www.tradingeconomics.com/dominican-republic/balance-of-tradeDominican Republic recorded a trade deficit of 589.40 USD Million in June of 2016. Balance of Trade in Dominican Republic averaged -453.07 USD Million from 1997 until 2016, reaching an all time high of -80.60 USD Million in June of 1998 and a record low of -1028.20 USD Million in July of 2008. Balance of Trade in Dominican Republic is reported by the Central American Monetary Council. The Dominican Republic’s dwindling export competitiveness has resulted in large trade deficits in recent years. The Dominican Republic mostly exports ferronickel, cigars, plastics, electrical equipment, bananas, jewellery, medical equipment, clothing, scrap metals and beverages. Dominican Republic mostly imports fuel, electrical equipment, natural gas, oil, iron and steel, corn, jewellery, electronic appliances and cotton. The Dominican Republic’s main trading partner is the United States accounting for over 50 percent of total trade. Others include Venezuela, China, Colombia, Mexico, Haiti and Netherlands Antilles. This page provides - Dominican Republic Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Central American Monetary CouncilMon, 21 Nov 2016 10:10:00 GMTDominican Republic GDPhttp://www.tradingeconomics.com/dominican-republic/gdpThe Gross Domestic Product (GDP) in Dominican Republic was worth 67.10 billion US dollars in 2015. The GDP value of Dominican Republic represents 0.11 percent of the world economy. GDP in Dominican Republic averaged 17.12 USD Billion from 1960 until 2015, reaching an all time high of 67.10 USD Billion in 2015 and a record low of 0.65 USD Billion in 1961. GDP in Dominican Republic is reported by the World Bank Group. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Dominican Republic GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.World BankMon, 21 Nov 2016 10:10:00 GMTDominican Republic Exportshttp://www.tradingeconomics.com/dominican-republic/exportsExports in Dominican Republic increased to 867.80 USD Million in June from 772.60 USD Million in May of 2016. Exports in Dominican Republic averaged 564.61 USD Million from 1997 until 2016, reaching an all time high of 912 USD Million in May of 2013 and a record low of 282.80 USD Million in January of 1997. Exports in Dominican Republic is reported by the Consejo Monetario Centro Americano. The Dominican Republic mostly exports ferronickel, cigars, plastics, electrical equipment, bananas, jewellery, medical equipment, clothing, scrap metals and beverages. The Dominican Republic’s main exports partner is the United States, accounting for over 65 percent of total trade. Others include Haiti, Netherlands, Spain, Belgium, China, United Kingdom, Jamaica and Cuba. This page provides - Dominican Republic Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Consejo Monetario Centro AmericanoMon, 21 Nov 2016 10:10:00 GMTDominican Republic Current Account to GDPhttp://www.tradingeconomics.com/dominican-republic/current-account-to-gdpDominican Republic recorded a Current Account deficit of 1.90 percent of the country's Gross Domestic Product in 2015. Current Account to GDP in Dominican Republic averaged -2.96 percent from 1993 until 2015, reaching an all time high of 5 percent in 2003 and a record low of -9.40 percent in 2008. Current Account to GDP in Dominican Republic is reported by the Consejo Monetario Centroamericanono. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Dominican Republic Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Consejo Monetario CentroamericanonoMon, 21 Nov 2016 10:10:00 GMTDominican Republic Competitiveness Indexhttp://www.tradingeconomics.com/dominican-republic/competitiveness-indexDominican Republic scored 3.94 points out of 7 on the 2016-2017 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Dominican Republic averaged 3.76 Points from 2007 until 2017, reaching an all time high of 3.94 Points in 2017 and a record low of 3.65 Points in 2008. Competitiveness Index in Dominican Republic is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies. The report is made up of over 110 variables, of which two thirds come from the Executive Opinion Survey representing the sample of business leaders, and one third comes from publicly available sources such as the United Nations. The variables are organized into twelve pillars with the most important including: institutions, infrastructure, macroeconomic framework, health and primary education and higher education and training. The GCI score varies between 1 and 7 scale, higher average score means higher degree of competitiveness. This page provides the latest reported value for - Dominican Republic Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.World Economic ForumThu, 29 Sep 2016 16:29:00 GMT